AIR CANADA (AC.CA) Stock Technical Analysis
TSX:AC - Toronto Stock Exchange - CA0089118776 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to AC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AC has a been trading in the 18.02 - 22.34 range, which is quite wide. It is currently trading near the high of this range.
AC has an average volume of 3574880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AC did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AC is an average performer in the Passenger Airlines industry, it outperforms 62% of 9 stocks in the same industry.
AC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.18
22.14
2 important support areas can be observed.
- A support zone ranging from 19.16 to 19.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.36 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AC.CA is up. |
| ChartMill Relative Strength | 86.65 | POSITIVE | AC.CA has a high relative strength, it outperformed 86.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.82 | OVERBOUGHT | The high RSI value suggests AC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests AC.CA has a positive trend. |
| Stochastics (14,3) | 95 | OVERBOUGHT | The high Stochastics value suggests AC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for AC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 41.64 | POSITIVE | The high ADX value value for AC.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:AC (7/3/2025, 7:00:00 PM)
21.92
+0.52 (+2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg2.43%
1 Week10.65%
2 Weeks17.28%
1 Month16.84%
3 Month61.77%
6 Month-1.84%
12 Month26.27%
2 Year-9.79%
3 Year26.05%
5 Year45.07%
10 Year86.24%
15 Year910.14%
Volatility
ATR(14)0.57
ATR(20)%2.29%
ATR Inc37.6%
Range Today0.93
ADR(20)0.48
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.65
Mansfield1.09
10 Day High22.34
10 Day Low18.02
20 Day High22.34
20 Day Low18.02
52 Week High26.18
52 Week Low12.69
CS1 End19.27
CR1 StartN/A
Volume & EV
DER(3)6.07%
DER(5)7.04%
Volume3.55M
Volume Incr8.11%
Vol(5)3.85M
Vol(50)3.57M